Chinese demand for property is insatiable. But the government makes a mess of the market

Fitch calculates that China will need 800m square meters of new housing—roughly the size of Singapore—every year between now and 2013 to meet demand for new homes. That is in fact less than the billion or so square meters China has recently completed every year, but still remarkable

Chinese demand for property is insatiable. But the government makes a mess of the market

In real estate as elsewhere in its economy, China’s short-term fixes mask deep structural problems

ECONOMIST.COM